SKILLS DEVELOPMENT TRAINING
Skills developmet training aims to provide young people living in london and surrounding areas with access to youth work provision that meets their needs. Working for the benefit for the local community, specifically young people through their organisation of activities that support their growth, develop skills, capacity and capability to empower them to participate independently in society.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £2,849 for the year ended 19 February 2025, funded from unrestricted reserves. The trustees note that a short-term loan of £3,430 was arranged to manage temporary cash flow requirements, but confirm that the charity is prepared on a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
“The charity's policy is to maintain unrestricted reserves equivalent to approximately 3-6 months of core operational expenditure.” — page 5
In the news
Trustees
- ADEDAYO ADEBOWALE
- Aysha Anderson
- SIKIRU OSHUNGBURE
- Solomon Daniel Quarcoo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 19/02/2025 | £31k | £33k |
| 19/02/2024 | £38k | £29k |
| 19/02/2023 | £5k | £22k |
| 19/02/2022 | £11k | £17k |
| 19/02/2021 | £1k | £13k |
Common questions
Is SKILLS DEVELOPMENT TRAINING financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £2,849 for the year ended 19 February 2025, funded from unrestricted reserves. The trustees note that a short-term loan of £3,430 was arranged to manage temporary cash flow requirements, but confirm that the charity is prepared on a going concern basis with adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds SKILLS DEVELOPMENT TRAINING?
Funders whose own accounts filings name SKILLS DEVELOPMENT TRAINING as a grant recipient include Newcomen Collett Educational Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Newcomen Collett Educational Foundation | FY2025 | £1k | Grant to Organisation |
| Newcomen Collett Educational Foundation | FY2024 | £1k | Grant |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/04/2025 | £20k | Hoops 4 Hope |
| Sport England | 20/02/2025 | £13k | Hoops 4 Hope |
| The National Lottery Community Fund | 04/04/2023 | £10k | Healthy Tribe |
| The National Lottery Community Fund | 11/02/2021 | £10k | Rapid Response |
| Sport England | 23/09/2019 | £9k | Alternative Path |
| The National Lottery Community Fund | 11/01/2019 | £10k | Infinite paths |